Kenya

Interest Rates On Bank Credit To The Private Sector

12.08
Dec 72Dec 75Dec 78Dec 81Dec 84Dec 89Dec 92Dec 96Dec 99Dec 02Dec 05Dec 08Dec 11Dec 14Dec 17Dec 210.0009.00018.0027.0036.00
  • Kenya
  • Global Median
Source: IMF

Global Ranking

36
Burundi12.63
37
Georgia12.51
37
Paraguay12.51
39
Iraq12.36
40
Guatemala12.19
41
Kenya12.08
42
Jamaica12.06
43
Armenia11.76
44
Maldives11.56
45
Nigeria11.48
46
Lesotho11.33

Africa Ranking

13
Tanzania16.68
14
Rwanda16.18
15
Liberia13.25
16
Burundi12.63
17
Kenya12.08
18
Nigeria11.48
19
Lesotho11.33
20
Zambia9.48
21
Egypt9.43

News

Definition of Interest Rates On Bank Credit To The Private Sector

Lending rate is the bank rate that usually meets the short- and medium-term financing needs of the private sector. This rate is normally differentiated according to creditworthiness of borrowers and objectives of financing. The terms and conditions attached to these rates differ by country, however, limiting their comparability.

Maxinomics LogoThe World's Economic Atlas

TYPE TO BEGIN SEARCHING